Muni Fund

Muni Fund – a Muni fund is a mutual fund who strictly invests in municipal bonds. Muni funds are usually traded by people with in the higher tax bracket because these funds are except from federal taxes... Sometimes even escape state taxes as well. The risk in investing in Muni fund is sometime a municipality declares bankruptcy which makes them more risky then US government bonds... On the positive side, the underlying securities of a muni fund is backed by the government thus giving it a high credit rating, making it more desirable for investors

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Story stock - A story stock is called so because there is some important news story about the company that will cause a movement of the stock of that company. The movement will be upward because of the company and its story. The stock movement is not driven by the...